GAIB responds to airdrop malfunction and token sell-off, will initiate a buyback and release proof of funds.

According to Foresight News , GAIB responded to the airdrop malfunction and token sell-off, stating that "there was a front-end malfunction in airdrop inquiries and claims, and no airdrop tokens were sent to the burn address. The distribution function returned to normal after the website was restored. The airdrop tokens were also distributed normally after the website resumed operation. We are currently evaluating this airdrop. Additionally, there were rumors that five wallets each sold approximately 1 million tokens. We clarify that these are not team wallets; they do not belong to GAIB team members, contributors, advisors, or any internal personnel. All team and contributor tokens remain locked. Certain marketing agencies were supposed to adhere to the agreed-upon lock-up rules and distribution plan, as these tokens were intended for post-launch community activities. However, they failed to fulfill their commitment and instead sold these tokens prematurely."

GAIB stakeholders have been communicating and negotiating regarding the token buyback and have requested relevant documentation. GAIB is now launching a token buyback program to absorb the tokens already sold and minimize the impact on the community. Full proof of funds, a transparency page, and buyback details will be available on November 21st (Friday).